Radhi Bidyut earns Rs 4.34 crore till Q2; Net worth per share at Rs 132.36

Wed, Feb 12, 2020 3:03 PM on Financial Analysis, Latest, Stock Market,

Radhi Bidyut Company Limited (RADHI) has earned a net profit of Rs 4.34 crore in the Q2 of FY 2076/77. The profit of the company has increased by 21.34% in this quarter compared to the corresponding quarter of the last fiscal year.

As per the unaudited report published today, the income from sales of electricity has increased to Rs 8.71 crore in Q2 of FY 2076/77 from Rs 8.10 crore in the corresponding quarter of the last fiscal year.

The company's generation & distribution and financial (interest) expenses are Rs 76.60 lakh and Rs 1.89 crore respectively in Q2 of FY 2076/77. The operating profits of the company stand at Rs 6.16 crore.

The Hydropower Company has a paid-up capital of Rs 47.35 crore with a reserve of Rs 15.32 crore in Q2 of FY 2076/77. The long term borrowings of the company fell from Rs 29.94 crore to Rs 25.86 crore by the end of the second quarter.

The annualized EPS of the company stands at Rs 18.37 by the end of the second quarter. The net worth per share was reported at Rs 132.36 while The PE Ratio stands at 8.49 times.

Second Quarter Report